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Interesting that they are getting good sales in the current environment. I think this could set the stage for a sustainably profitable company when the economies return to some form of normal.
Interesting that they are getting good sales in the current environment. I think this could set the stage for a sustainably profitable company when the economies return to some form of normal.ASX MARKET RELEASE
LIFX Achieves 30 Day Sales Record Exceeding A$30m
SUMMARY
● Total orders for LIFX Smart Lights received over the prior 30 days for the holiday period have now eclipsed A$30m, making this the largest 30 day sales period in the Company’s history
● This comes as LIFX has received new contracted purchase orders for approximately US$4.5m (A$6.2m) of LIFX smart lights, largely for the coming holiday quarter
● These holiday quarter orders exclude LIFX Clean and LIFX Switch, both of which are also expected to be ordered subsequently
● Retailer orders to meet holiday quarter demand began as early as August, and are expected to continue well into the next quarter.
16 September 2020 - Adelaide, Australia Buddy Technologies Limited (“Company”) (ASX:BUD), a leader in IoT and cloud-based solutions for making spaces smarter, is pleased to announce that following receipt of new contracted purchase orders totalling US$4.5m (A$6.2m) from existing retail and distribution partners, the Company has now achieved its largest ever 30 day sales period.
Total contracted purchase orders received over the prior 30 days now exceeds A$30m, which is a new record for the Company, and is a very robust result given the worldwide economy and global impact of the COVID-19 pandemic.
You can find the rest of the announcement, on the announcement itself.
$1 million per day in orders average for August, that's nice.
Still waiting on announcement re the LIFX Clean product test for COVID19 efficacy/ killing outcome.
A nice overall positive review announcement for August.
The future is really looking brighter for Buddy, just my illuminated, COVID19 free, opinion.
Although, the price after rising before the announcement today, had settled back.
Shaking, shaking!
With the NASDAQ up 2.56% last night, Buddy should crank today.
No indicative price, but open is looking at a nice gap up to open circa $0.075...ATM
I suspect that the next announcement may be regarding the COVID19 killing ability testing of the LIFX CLEAN units....
fingers crossed Bazzi !
Nice announcement this morning regarding Amazon potential Prime Day sales. But now a Pause in Trading pending a further announcement??
Have been waiting for the outcome of testing.... could be the result?I suspect that the next announcement may be regarding the COVID19 killing ability testing of the LIFX CLEAN units....
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